2012 Federal Budget Request Includes a 1.6% Military Pay Raise
2012 Military Pay Raise or Pay Freeze?
Between 2001 and 2009, per capita spending on three major components (basic pay and allowances for housing and subsistence) of cash compensation for active military personnel rose by 37 percent in inflation-adjusted dollars.February 15, 2011
Military.com - The president’s 2012 budget request includes a proposal for a 1.6% military pay raise for 2012. While larger than last year’s military pay increase, the 2012 proposed military pay increase is the second smallest since 1962 and given the current budget environment many suspect that congress is considering a freeze.
As reported here, a recent Congressional Budget Office report says that military pay is higher than most federal employees, and Rep. Steny Hoyer (D-MD) has signaled a desire to freeze military salaries at the 2011 rate.
Check out the 2012 proposed military pay charts to see what a 1.6% raise would mean to your military paycheck.
No comments:
Post a Comment